Topic
Regulated custodians such as Anchorage Digital holding staked-asset receipt tokens for institutional treasuries.
BitGo and HashKey Cloud widened their July staking deal into trading, custody and tokenized assets, with staking starting on ETH and SOL. No fees, launch dates, first clients or asset targets were given, so the first test is BitGo's own staking figures.
Reality
Thirty people and a book of institutional trading relationships changed hands on terms nobody disclosed, which leaves the $4.329bn of quarterly revenue BitGo is now trying to put a spread on as the number to read.
Perspective Coverage
9 publishersReality
The exchange took an ADGM permission to arrange deals and custody tokenized securities. That is real plumbing, but the case for the UAE as the default institutional base still rests on licence counts.
Reality
Custody+ adds digital asset custody later this year, starting with bitcoin, inside the framework Citi uses for traditional securities. The bank says it will hold native tokens rather than route them out.
Perspective Coverage
3 publishersReality
The Miami treasury company is sending about 106,000 ETH, roughly 12% of its stack, into a receipt token custodied at Anchorage. Passive holding is becoming collateral.
Reality